Tag: Lake Oswego

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Market Activity Report Nov. 15-21, 2010

Woke up this morning to a dusting of snow and very cold temperatures. Brrrrrrr…….

Last week had just 4 new listings, 11 pending sales, and 15 closed sales. Recent media reports are sounding ever so slightly more positive. That combined with people wanting to move before Christmas has the market moving.

See below for further details:

NEWLY LISTED (Nov 15-21, 2010)

Address Price Type BR Bath Sq Feet
104 Oswego Summit $89,900 Condo 1 1 764
6319 Washington Ct $219,000 Detached 3 1.5 1274
19010 Longfellow Ave $284,900 Detached 3 1 1732
18222 Siena Dr $1,189,000 Detached 4 3.5 3998

PENDING SALES (Nov 15021, 2010)

Address Price Type BR Bath Sq. Feet
3433 McNary Pkwy #204 $99,900 Condo 2 2 1008
6447 McEwan Rd $154,900 Detached 2 1 912
18462 Don Lee Way $179,900 Detached 4 2 1904
5057 Foothills Dr C $189,900 Condo 3 2 1252
464 5th St $197,715 Condo 2 1.5 1092
1416 Cherry Crest Dr $259,000 Detached 5 3 2559
16105 Inverurie Rd $429,900 Detached 3 2 2356
13819 Provincial Hill Dr $445,000 Detached 4 2.5 2096
1235 Chandler $865,000 Detached 5 3.5 3717
13322 Leslie Ct $1,098,000 Detached 5 3.5 4449
13795 Cameo Ct $1,400,000 Detached 4 5.5+.5 7190

SOLD (Nov 15-21, 2010)

Address Orig. Price Sold Price type CDOM Sq Feet
44 Crestfield Ct $75,500 $75,500 Condo 11 923
20 Cervantes Cir $79,900 $80,000 Condo 8 912
212 Ridgeway Rd $189,900 $153,000 Condo 483 778
6120 Shakespeare St $185,000 $197,000 Detached 177 999
15139 Quarry Rd $250,000 $225,000 Detached 402 1328
37 Bloch Terr. $300,000 $280,000 Attached 142 1972
1073 Hallinan St $359,000 $338,000 Detached 124 1828
1255 Bayberry Rd $390,000 $355,000 Detached 335 1901
1899 Woodland Terr $389,000 $360,000 Detached 130 3031
5717 Bonita Rd $400,000 $370,000 Detached 53 2572
3541 Red Cedar Way $404,900 $385,000 Detached 14 1963
17890 Kelok Rd $417,900 $417,000 Detached 753 3095
5916 Sulnbrook Dr $459,900 $463,000 Detached 9 2617
15915 Waluga Dr $598,950 $550,000 Detached 261 2939
3151 Douglas Cir $1,349,000 $1,090,000 Detached 125 4400

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

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Open Houses for 11/21/2010

There is a chance of snow this Sunday.  Really?  I guess I’ll believe it when I see it.  We do get snow, so it certainly could happen. But the media always goes waaaaaay over board getting excited about the prospect.  So we shall see.

If we do get snow, open houses can be a bit iffy.  It all depends on the comfort level of the people involved for driving in it.  I would expect some of the open houses to be canceled if we more than a dusting.  There are currently 26 open houses scheduled:

86 Kingsgate Rd  F106.   $99,000 ,  2BR, 2 Bath, Open 1 to 3

18430 Pilkington Rd.  $219,900, 3 BR, 1.5 Bath, Open 1 to 3

18530 Pilkington Rd.  $229,900, 3 BR 2 Bath, Open 1 to 3

5055 Foothills Dr C.  $239,900.  2 BR, 2 Bath, Open 1 to 4

5031 Tualata Ln.  $279,900, 3 BR, 2 Bath, Open 1 to 3

53 Oriole Ln.  $304,900,  3 BR, 2.5 Bath, Open 12 to 3

326 Lake Bay Ct.  $464,900, 3 BR, 2 Bath, Open 1 to 3

17360 Hunter Ct.  $497,500, 4 BR, 2.5 Bath, Open 12 to 2

19319 SW Dogwood Ct.  $499,900, 4 BR, 2.5 Bath, Open 1 to 4

19443 Kokanee Ct. $499,900, 4 BR, 2.5 Bath, Open 1 to 4

19415 SW Dogwood Ct.  $499,900, 5 BR, 3 Bath, Open 1 to 4

4303 Sundew Ct.  $519,995, 4 BR, 2.5 Bath, Open 1 to 3

19245 SW Megly Ct.  $559,900, 5 BR, 3 Bath, Open 1 to 4

19263 SW Megly Ct.  $559,900, 5 BR, 3 Bath, Open 1 to 4

17981 Meadowlark Ln.  $584,900, 3 BR, 2.5 Bath, Open 11 to 4

5511 Fieldstone Ct.  $685,000, 4 Br, 2.5 Bath, Open 12 to 3

15459 Village Dr.  $695,000, 4 BR, 3.5 Bath, Open 1 to 4

5533 Fieldstone Ct.  $695,000, 4 BR, 2.5 Bath, Open 12 to 3

14480 Kruse Oaks Blvd.  $725,000, 4 BR, 3.5 Bath, Open 1 to 3:30

1930 Indian Trail.  $739,000, 3 BR, 3 Bath, Open 1 to 3

18842 Bryant Rd.  $739,000, 4 BR, 2.5+.5 Bath, Open 1 to 3

18894 Bryant Rd.  $749,000, 4 BR, 4.5 Bath, Open 1 to 3

17301 Canal Circle.  $764,000, 3 BR, 2.5 Bath, Open 1 to 3

18209 Siena Dr.  $1,058,000, 5 BR, 3.5 Bath, Open 12 to 3

18222 Siena Dr.  $1,189,000, 4 BR, 3.5 Bath, Open 12 to 3

Have a great weekend!  Perhaps you’ll even get the chance to build a snowman.

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Oregon Wine Country and Thanksgiving

I know that when you think of wine tasting, if you are like me, you think of summer breezes and lazy afternoons.  But, believe it or not, the premier time to tour Oregon vineyards is the weekend following Thanksgiving.  This is because the fall harvest is complete and there is a sense of celebration.  Many vineyards that are normally not open to the public will hold open houses over Thanksgiving weekend.  And nearly every vineyard is decorated for the holidays.  It is a wonderful time in Oregon Wine Country.

Living in Lake Oswego, we are only about a half an hour’s drive from Yamhill County, and about an hour’s drive from the start of the vineyards up along the Columbia River.  There are literally hundreds of vineyards.  Some are quite large and some are very small.  Some are run on a corporate level with huge mechanized operations, and others are truly hand crafted.

If you intend to take a wine country tour, you need to do a little prior planning.  First of all, there needs to be a designated driver.  Those little sips can add up.  I also highly recommend trying one of the many companies that put together wine tours.  I personally spent a fantastic Friday following Thanksgiving with a company called Grape Escapes.   You can arrange a private tour, a group tour, or asked to be a part of a group tour.  They also have full day and half day options.  On the occasion that I attended a friend and I organized a group tour.  We had about 10 people and were picked up here in Lake Oswego.  We then spent the day being driven in a 15 passenger van with a wine guide.  Each stop was a different vineyard.  We were treated to not only a tasting of wine, but a tour of the vineyard and a small meal.  It worked like a progressive luncheon that lasted all day.  The total cost?  About $100 per person plus gratuity.  But considering that the wine tastings were included, as well as our meal and the gas, it was a total bargain.

If you do go after the big turkey dinner, my recommendation is to head out Hwy 99 towards Yamhill County.  The various vineyards are pretty well marked along the highway. You can also find a map by clicking here.  And to help with your planning, here are a few tips:

  • Don’t squeeze too many wineries into one day.  They’ll still be there when you go back later.
  • If you aren’t on a tour that offers food, pack snacks or plan to stop for lunch.
  • Don’t bother washing your car before you go.  Most drives into the vineyards are not paved.
  • There are maps available on-line at the link above to help you avoid the main roads.  Traffic can get thick and you may want to favor side roads.
  • Wear comfortable shoes and bring warm layers and a rain coat.
  • Don’t wear cologne or perfume, as they will inhibit your ability to smell and taste.
  • If you bring children, bring activities to keep them occupied.
  • Be polite.  Remember that you are a guest of the winery.  Don’t complain about tasting fees as that is what it costs to be able to allow you the sample.  And many wineries will reimburse the tasting fee when wine is purchased.

I will personally recommend a stop in McMinville at Stonewolf Vineyards.  They have been known to not only have award winning Pinot Gris (in 2008 named a brand favorite by Rachael Ray), but in year’s past have served a spectacular salmon meal with country fiddle players.

Most vineyards charge a tasting fee of about $10.  Wine is also for sale by the bottle and by the case.

Celebrating the harvest.  Celebrating Thanksgiving and the holidays.  Celebrating Oregon.  We are so blessed and in so many ways.

Happy Thanksgiving, Dianne

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Market Activity Report – Nov 8-14, 2010

It seems to be slowing down a bit as we inch closer to Thanksgiving.
Last week Lake Oswego had 10 New listings, 8 Pending sales, and 2 Closed sales according to RMLS.

See below for further details:

NEWLY LISTED (Nov 8-14, 2010)

Address List Price # Beds # Baths Total SF Prop Type
47 EAGLE CREST DR 4 $65,000 2 1 932 CONDO
99 OSWEGO SMT 99 $109,900 2 1.1 1116 CONDO
5057 FOOTHILLS DR C $189,900 3 2 1252 CONDO
19431 SW TUALAMERE AVE $255,900 3 1.1 1308 DETACHD
928 LAKE FRONT RD $345,000 4 3 2300 DETACHD
5682 LANGFORD LN $349,500 2 2 1559 DETACHD
17121 WALL ST $424,900 3 2.1 2187 DETACHD
1677 LAUREL ST $450,000 4 3.1 2481 DETACHD
13960 SHIREVA CT $489,900 5 3 2864 DETACHD
1872 PALISADES TERRACE DR $821,500 6 5 5083 DETACHD

PENDING SALES (Nov 8-14, 2010)

Address List Price # Beds #Baths Total SF Prop Type CDOM
668 MCVEY AVE 81 $129,900 2 1.1 992 CONDO 32
668 MCVEY AVE 32 $184,900 3 1.1 985 CONDO 6
5060 FOOTHILLS DR E $275,000 2 2 1252 CONDO 111
32 CHURCHILL DOWNS $379,900 4 2.1 3016 DETACHD 272
4208 ALBERT CIR $400,950 4 3 2777 DETACHD 15
942 CLARA CT $405,000 4 2.1 3123 DETACHD 122
17555 REDFERN AVE $599,000 4 3.1 3007 DETACHD 256
3140 DOUGLAS CIR $861,000 4 3.1 3489 DETACHD 10

SOLD (Nov 8-14, 2010)

Address O/Price Close Price # Beds # Baths Total SF Prop Type CDOM
72 CONDOLEA WAY $375,000 375000 2 2.1 2958 CONDO 13
1740 YARMOUTH CIR $550,000 485000 2 2.1 1960 DETACHD 127

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

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Getting You Where You Want To Go

For some reason people love this tag line that I use. I think it’s because we all can relate. You are not selling and/or buying a home on a lark, you have something to accomplish. My approach in all things wherein I am giving professional advice is to discover what it is you want to accomplish (where you want to go), and then to assess the best way to get there given your own particular parameters (the journey).

Today I’m thinking about pricing and all the comparative things taken into consideration when looking at the market and deciding how to proceed.

We Realtors look at many aspects of the most current data available to help you accomplish your goals, and often the type of data or the methods used to assess them have acronyms or nicknames.  Here are a few of those & some things to keep in mind on your journey:

“Comping” – it is said that a Comparative Market Analysis is a product of both art and science. The reason this is said is that, depending on any given property and it’s unique features, there is rarely (except perhaps in a new development) an apples to apples comparison available. Therefore there is a lot of give and take in the assessment of any “comp” when compared to the subject property. Let me give you an example:
~ Let’s say we have a property with great location and large lot size that is also remodeled, but is not on a public sewer line. Let’s also say that no properties right close in to it with similar square footage and bedrooms etc have sold in the last 6 months. What will your agent do to comp it? Well, there are several ways to go:

  • One might go back farther in time to see if there are close-in comps. (This CAN be problematic given the volatile nature of today’s market… but might be necessary if no other options are available.)
  • One might look at other properties with different ranges of square footage. (This CAN skew your comparison of price per SF as a smaller home typically will sell for more per SF than a larger one.)
  • And/or one might go farther out from the subject property’s neighborhood while also looking at smaller lot sizes. (This can work if other neighborhoods with similar aspects are used to produce those farther-out comps. The Realtor really needs to understand the intricacies of the neighborhoods involved, and if moving into other neighborhoods, factors such as the desirability of being on a public sewer line may come into play, and additionally affect the picture.)
  • Another thing that might need to happen is looking at properties built in a different time-range (i.e. if no comps can be found built in 1920, then you might need to use some built in the 50’s or 70’s with hopefully similar updating etc)

None of these is ideal, but depending on what comps are available, you may see your Realtor incorporating some of these techniques.

I bring all this up to point out that, while your Realtor will use the best method available to your particular situation in order to give the most accurate look at what your property will likely sell for on the open market, a lot of judgment is called into play while coming to this assessment.  If a home has a completely remodeled kitchen and a comp does not, but has more bedrooms or a better location, or a much larger lot, then these might still be directly comparable depending on the other particulars involved, and how many of them are good matches to the subject property. Suffice it to say that your Realtor has the experience and discernment needed to weed through these brambles while bringing together the best information possible to help you determine market value, especially if they have expertise in your particular community.  So, trust their advice, and know that it is a lot more complicated in most instances than most believe it to be.

***Another note on “Comping” before I step off my soapbox- ‘Active’ comps (in my opinion) are interesting to note in order to gauge where you will fit in competition. However, the only real ‘Comp’ is one that has Sold. You really only ultimately care what someone actually was Paid for that comparative property.

DOM / “Days on Market” – It is really interesting to note how long a property was on the market before it sold. Many want to know what this means, particularly in the context of a Comparative Market Analysis. Basically speaking, when a house has been on the market for an inordinate length of time, it means one of the following:

  • It may have been priced too high to start. Most of the real excitement happens when a property is fresh on the market.  When it sits for awhile, it usually loses a little luster to those who have already become aware of it and therefore if the price is too high, it often eventually comes down in increments before getting to ‘Sold’. ‘Sold’ is what someone is willing to pay for the property.
  • It may be competing with properties that have more updates or better amenities.  In this market there are so many properties to choose from, that when putting your home on the market, these things really need to be considered when pricing.  This reason for a property sitting on the market still, again, boils down to price.
  • It may have onerous viewing instructions. By this I mean that, while a Seller’s needs and desires absolutely need to be accommodated, a property is most likely to be shown the most often if it is easy to show.  If a home has instructions that read “Call 1st”, then a call is made and an appointment time set fairly easily, and often for that same day while someone is, for instance, at work.  If a property reads “Appointment Only”, then it is possible, and in my experience likely, that it will be shown less often than one that is more accessible, and often stay on the market longer.  That said, when there are pets involved that need to be removed, or day-sleeping Sellers, or children whose nap times need to be taken into consideration, then your Realtor will do their very best to make the showing instructions as friendly as possible and assist in whatever way they can in order to make it as easy as possible for you. Just something to be aware of.
  • It may have mitigating circumstances like location problems, or curb appeal issues, or any number of things,
  • and/but the core reason can almost always be tied to price.

3rd party/REO’s – When looking at other properties and bemoaning the fact that there are so many that seem to be priced unfairly low (that is if you are a Seller wanting to list your own property), it is tempting to price your property differently than the ones in these categories if yours is not.  What you need to know is that even though your property is not in one of these categories, it is still competing with them, and the comparable data is still valid.  I know this is harsh, but the true value of your home is   determined by the Buyer, so the market is just what it is.   If a Buyer can get a comparable home down the street for a lower price because it is an REO (bank-owned) property or a Short Sale (3rd party), then those are just the facts, and you need to consider pricing accordingly.

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Market Activity Report November 1-7, 2010

Last week Lake Oswego had 14 New listings, 14 Pending sales, and 10 Closed sales, according to RMLS.

See below for further details:

NEWLY LISTED (Nov. 1-7, 2010)

Address Price Sq Feet BR Baths Type
57 Galen St $77,000 689 1 1 Condo
16250 Pacific Hwy #47 $109,900 1305 2 1 Condo
194 Ridgeway Rd 11B $205,000 1659 2 1 Condo
5056 Foothills Dr G $225,000 1252 2 2 Condo
4314 Botticelli St $229,000 2098 2 2.5 Condo
18530 Pilkington Rd $244,900 1925 3 2 Detached
1818 Country Club Rd $269,000 1596 4 2 Detached
18700 Wood Duck Way $429,900 2158 4 2 Detached
4705 Lakeview Blvd $539,990 2700 3 2.5 Detached
5836 Suncreek Dr $599,000 2500 4 2 Detached
17157 Blue Heron Rd $689,000 2749 5 3 Detached
3056 Wembly Park Rd $695,000 2611 4 2.1 Detached
2990 Glen Eagles $795,000 3650 4 2.5 Detached
12512 Shelby Ct $799,999 4975 4 4.5 Detached

PENDING SALES (Nov. 1-7, 2010)

Address Price Type BR Baths Sq Feet
37 Crestfield Ct $69,900 Condo 2 1 923
45 Eagle Crest #320 $109,900 Condo 1 1 768
3433 McNary Pkwy #408 $119,900 Condo 2 2 1008
464 5th St $197,715 Condo 2 2 1092
692 2nd St $259,000 Detached 3 1 1700
2602 Orchard Hill Pl $399,000 Detached 3 3 2568
17187 Carlson Ct $405,000 Detached 4 3 2082
17640 Treetop Way $447,000 Detached 4 3 2718
14370 Pfeiffer Dr $629,000 Detached 4 3 3318
1225 Lake Garden Ct $699,995 Detached 4 3.5+.5 3558
15578 Village Dr $799,000 Detached 3 3 3630
3155 Douglas Circle $925,000 Detached 5 3.5+.5 4517
2111 Hazel Rd $1,089,000 Detached 4 5 4894
670 Iron Mt. Blvd $1,250,000 Detached 4 3.5+.5 5208

SOLD (Nov. 1-7, 2010)

Address Original Price Closed Price Type Sq Feet CDOM
668 McVey #54 $140,000 $140,000 Condo 992 5
3508 Red Cedar Way $249,000 $220,000 Detached 1386 3
1462 Greentree $435,000 $362,500 Detached 2507 123
17670 Marylbrook Dr $499,000 $500,000 Detached 3067 77
550 Middlecrest Rd $624,900 $550,000 Detached 2240 187
571 2nd St #307 $739,500 $559,000 Condo 1561 626
18263 Anduin Terrace $625,000 $565,000 Detached 3100 92
17467 Westview Dr $727,900 $695,000 Detached 3774 4
844 5th St $829,000 $795,000 Detached 2590 32
16772 Alder Circle $1,995,000 $1,799,000 Detached 3151 154

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

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Open Houses for November 7, 2010

Before you go to bed tonight, be sure to set your clocks back one hour. Then when you get up tomorrow morning, head on out to check out these 24 open houses in Lake Oswego.

BR BTHS Sq Ft Open
4057 JEFFERSON PKWY $179,900 3 2.1 1460 1 to 3
3854 BOTTICELLI ST $185,000 2 1.1 1132 12 to 2
4473 GOLDEN LN $249,000 2 2.1 1980 1 to 4
12802 BOONES FERRY RD $287,500 3 2.1 1454 1 to 5
53 ORIOLE LN $304,900 3 2.1 2072 12 to 3
14251 CAMDEN LN $385,000 3 2.1 2179 11 to 3
4859 SAGE HEN WAY $415,000 4 3 2417 1 to 3
17802 HILLSIDE WAY $424,900 4 2.1 2965 12 to 2
17791 HILL WAY $459,000 4 2.1 2506 1 to 3
326 LAKE BAY CT $464,900 3 2 1400 1 to 3
725 10TH ST $489,900 4 2 2016 2 to 4
19319 SW DOGWOOD CT $499,900 4 2.1 3105 1 to 4
19443 KOKANEE CT $499,900 4 2.1 2812 1 to 4
19415 SW DOGWOOD CT $519,900 5 3 3517 1 to 4
19263 MEGLY CT $559,900 5 3 3213 1 to 4
1277 HIDE A WAY LN $559,900 5 3 3120 12 to 3
12448 ORCHARD HILL RD $649,000 4 3 3302 11 to 2
5511 FIELDSTONE CT $685,000 4 2.1 3037 12 to 2
5371 LANGFORD LN $694,950 4 2.1 2950 12 to 2
15459 VILLAGE DR $695,000 4 3.1 3059 1 to 3
14480 KRUSE OAKS BLVD $725,000 3 3.1 4661 1 to 3:30
18209 SIENA DR $1,058,000 5 3.1 3839 2:30 to 4:30
1808 RIDGE POINTE DR $1,269,000 5 4.1 4155 2:30 to 4:30
1104 FOREST MEADOWS WAY $1,495,000 4 3.1 5756 2 to 4
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Market Activity Report Oct 25-31, 2010

Last week Lake Oswego had 17 New listings, 11 Pending sales, and 15 Closed sales according to RMLS.

See below for further details:

NEWLY LISTED (Oct 25-31, 2010)

Address List Price # Beds # Baths Total SF Prop Type
4000 CARMAN DR 102 $119,950 2 2 866 CONDO
1547 BOCA RATAN DR $198,000 2 1.1 1008 CONDO
186 OSWEGO SMT 186 $212,000 2 2 1506 CONDO
1659 OAK ST $299,900 3 2.1 2224 DETACHD
18407 DEER OAK CIR $319,000 4 2 1812 DETACHD
16990 LOWER MEADOWS DR $379,000 3 2.1 2000 DETACHD
1960 MAPLELEAF RD $379,900 3 2 1426 DETACHD
4208 ALBERT CIR $400,950 4 3 2777 DETACHD
36 NORTHVIEW CT $449,000 3 3.1 2573 ATTACHD
1711 HIGHLAND DR $459,000 3 2.1 1926 DETACHD
775 BOCA RATAN DR $469,000 4 3.1 2727 DETACHD
19443 KOKANEE CT $499,900 4 2.1 2812 DETACHD
5035 ROSEWOOD ST $549,900 4 3.1 3206 DETACHD
14674 RAINBOW DR $618,000 4 3 3058 DETACHD
15459 VILLAGE DR $695,000 4 3.1 3059 DETACHD
19575 35TH CT $1,195,000 4 3 4181 DETACHD
163 IRON MOUNTAIN BLVD $1,200,000 4 3.1 4314 DETACHD

PENDING SALES (Oct 25-31, 2010)

Address List Price # Beds # Baths Total SF Prop Type CDOM
33 CRESTFIELD CT 33 $64,900 1 1 689 CONDO 282
20 CERVANTES CIR $79,900 2 1.1 912 CONDO 8
6120 SHAKESPEARE ST $185,000 3 1.1 999 DETACHD 177
4717 FIRWOOD RD $229,000 8 3 2502 DETACHD 277
4948 MEADOWS RD $259,900 3 2 2491 DETACHD 72
1520 LABURNUM WAY $299,000 4 2 1724 DETACHD 464
28 PREAKNESS CT $349,000 5 4 2871 DETACHD 452
17712 CARDINAL CT $368,000 4 3 2146 DETACHD 203
17890 KELOK RD $417,900 4 2.1 3095 DETACHD 753
3943 TEMPEST DR $599,000 4 2.1 3714 DETACHD 119
5001 DENTON DR $759,000 4 2.1 3303 DETACHD 2

SOLD (Oct 25-31, 2010)

Address Orig Price Closed Price # Beds # Baths Total SF Prop Type CDOM
2 MOUNTAIN CIR $160,000 $110,000 2 1.1 1504 ATTACHD 21
200 BURNHAM RD 103 $174,900 $115,000 1 1 752 CONDO 162
5225 JEAN RD 104 $155,000 $136,000 2 2 1400 CONDO 118
34 CONDOLEA DR $228,000 $187,500 2 2 1420 CONDO 174
848 6th ST $425,000 $250,000 2 1 1648 DETACHD 413
743 10th ST $325,000 $290,000 2 1 1019 DETACHD 16
1070 HALLINAN $379,900 $314,000 3 1.1 1653 DETACHD 65
19242 TERRY AVE $395,000 $325,000 4 2 1872 DETACHD 185
5376 ROSEWOOD ST $394,900 $339,498 3 2.1 2457 ATTACHD 150
1000 ATWATER RD $389,900 $378,000 4 3 2200 DETACHD 3
5747 VICTORIA CT $489,950 $460,000 4 2.1 2432 DETACHD 0
14246 KIMBERLY CIR $615,000 $605,000 4 2.1 3520 DETACHD 52
1641 ENGLEWOOD DR $775,000 $665,000 4 2.1 4204 DETACHD 59
4123 CHAD DR $769,950 $675,000 4 3.1 3836 DETACHD 155
16461 CHAPIN WAY $779,900 $708,000 4 2.1 4271 DETACHD 488

Criteria: Homes in the 97034 and 97035 zip code, listed, pending or sold between the dates listed above as reported by the Regional Multiple Listing Service (RMLS). DETACHD refers to Single Family Detached Residence, MFG refers to manufactured housing, and ATTACHD refers to single-family residences with some portion of the structure attached to another property, but not constituting CONDO ownership. DOM stands for days on market, or the number of days from when the listing became active and when it received an acceptable offer, with CDOM standing for “cumulative days on market” accounting for “refreshed” listings

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Halloween Open Houses!

There are 21 houses being held Open Halloween afternoon for your enjoyment!  Perhaps one of these beauties is “the one”!

Here are the Lake Oswego Open Houses for Oct. 31st according to RMLS:

Address L/Price # Beds # Baths Total SF Prop Type Time
1400 BONNIEBRAE DR $169,500 2 1 864 TOWNHSE 1-3PM
5059 FOOTHILLS DR G $192,000 2 2 991 CONDO 12-3PM
5061 FOOTHILLS DR G $199,000 2 2 991 CONDO 1-3PM
5055 FOOTHILLS DR C $239,900 2 2 1252 CONDO 12-3PM
18244 PILKINGTON RD $254,900 3 1.1 1200 DETACHD 1-3PM
4500 GALEWOOD ST $420,000 3 3 2408 DETACHD 1-4PM
12 SCARBOROUGH DR $479,900 4 2.1 2892 DETACHD 1-3PM
17360 HUNTER CT $497,500 4 2.1 3322 DETACHD 2:30-4:30PM
19319 SW DOGWOOD CT $499,900 4 2.1 3105 DETACHD 1-5PM
19415 SW DOGWOOD CT $514,900 5 3 3517 DETACHD 1-5PM
19263 MEGLY CT $559,900 5 3 3213 DETACHD 1-5PM
19245 SW MEGLY CT $569,900 5 3 3490 DETACHD 1-5P<
17981 MEADOWLARK LN $584,900 3 2.1 3250 DETACHD 10AM-4PM
5511 FIELDSTONE CT $685,000 4 2.1 3037 DETACHD 1-3PM
5371 LANGFORD LN $694,950 4 2.1 2950 DETACHD 1-3PM
5533 FIELDSTONE CT $695,000 4 2.1 3115 DETACHD 1-3PM
17424 BRYANT RD $719,000 4 4 3278 DETACHD 1-4PM
19019 BRYANT RD $739,900 4 3.1 3326 DETACHD 1-3PM
1785 PALISADES TERRACE DR $749,900 5 4.1 5052 DETACHD 1-3PM
17896 KELOK RD $774,000 5 5 4323 DETACHD 2-4PM
17884 KELOK RD $774,000 5 3.1 4124 DETACHD 2-4PM
18209 SIENA DR $1,097,000 5 3.1 3839 DETACHD 1-3PM
1808 RIDGE POINTE DR $1,269,000 5 4.1 4155 DETACHD 1-3PM
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More Market Data

  • A comparison of Sept ’10 and the previous month in Portland Metro shows an increase in Closed Sales of 1.3%
  • Average sales price in Portland Metro fell by 3.5% comparing  Sept. 2009 with Sept 2010.
  • Comparing the 3rd quarter of 2009 with 3rd quarter 2010, Closed Sales in Portland Metro dropped 24.7%
  • Comparing the 3rd quarter of 2009 with 3rd quarter 2010, Metro Listings increased by 1.2%
  • Average Metro Closed Price in Sept 2010 was $279,900
  • Average Lake Oswego/West Linn Closed Price in Sept 2010 was $432,200
  • Metro “Time on Market” for Sept 2010 was 131 days
  • Lake Oswego/West Linn “Time on Market” for Sept 2010 was 186 days
  • Metro Active Listings as of Sept 2010 was 14, 714
  • Lake Oswego/West Linn Active Listings as of Sept 2010 were 1,025
  • From Oct 1, ’09 to Sept 30 ’10, Lake Oswego/West Linn Average  Sale Prices declined by 9.3%
  • Portland Metro saw 1,399 Closed Sales in Sept. 2010
  • Lake Oswego and West Linn saw 71 Closed Sales in Sept 2010
  • All data derived from RMLS Market Action Report